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Earnings Outlook For Johnson & Johnson

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On Tuesday, October 13, Johnson & Johnson (NYSE: JNJ) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Based on management's projections, Johnson & Johnson analysts model for earnings of $1.96 per share on sales of $20.13 billion. In the same quarter last year, Johnson & Johnson reported EPS of $2.12 on revenue of $20.73 billion. If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 7.55%. Revenue would be down 2.89% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 1.48 1.99 1.87 2
EPS Actual 1.67 2.30 1.88 2.12
Revenue Estimate 17.50 B 19.44 B 20.78 B 20.09 B
Revenue Actual 18.34 B 20.69 B 20.75 B 20.73 B

Stock Performance

Shares of Johnson & Johnson were trading at $150.93 as of October 09. Over the last 52-week period, shares are up 14.44%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Johnson & Johnson is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/k7ozm2yc

 

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Posted-In: Earnings